COMMERCIAL TRANSACTIONS
CHAPTER 44
INSURANCE
PART 3.
PROPERTY AND LIABILITY INSURANCE
28-44-303. Liability insurance. A creditor may not contract for or receive a separate charge for insurance against liability unless the insurance covers a substantial risk of liability arising out of the ownership or use of property related to the credit transaction.
History:
[28-44-303, added 1983, ch. 119, sec. 3, p. 293.]